We are happy to announce the listing of $BANANA Token. Starting on Wednesday, 27th November, 2024 at 10 AM CET. LCX Exchange will support the $BANANA Token. Deposits will start on – Starting on Wednesday, 27th November, 2024 at 10 AM CET. The trading pair BANANA / EUR will be listed.
What is BANANA?
Banana Gun’s native cryptocurrency, BANANA, powers it in addition to its remarkable features and functions. Let’s take a deeper look at this ERC-20 token and how it fits into the Banana Gun ecosystem.
Token Functions
Let’s break down the multiple roles this token plays within the platform below:
- Utility and governance: BANANA, an ERC-20 token, serves as the fuel for the Banana Gun ecosystem. It’s used for governance, granting holders voting rights on platform proposals.
- Rewards and access: Owning BANANA unlocks exclusive benefits like the holders’ chat and a share of the bot’s trading revenue. Additionally, tokens can be burned to access premium features.
- Deflationary model: With a maximum supply capped at 10 million, BANANA’s scarcity is designed to support its value.
Token Tokenomics
BANANA’s tokenomics model, including the burn mechanism and limited supply, aims to create a sustainable and potentially value-appreciating ecosystem for BANANA holders.
Users can sign up for an LCX Account here
Start Trading $BANANA
Launch LCX ExchangeDeposits: Wednesday, 27th November, 2024 at 10 AM CET.
Pair Listing Details:
$BANANA /EUR starting on Wednesday, 27th November, 2024 at 10 AM CET.
How to deposit $BANANA?
Go to LCX Accounts > Wallet
Scroll down to $BANANA.
Click on the “Deposit” tab next to $BANANA.
Your deposit address will be displayed on the screen.
Send $BANANA to this address.
This content is provided for informational purposes only and does not constitute financial, legal, or investment advice. The buying, selling, and trading of cryptocurrencies and digital assets involve significant risk and may result in the loss of your entire investment. Always conduct your research and consult a qualified advisor before making financial decisions. LCX is a regulated entity operating in accordance with the Liechtenstein Blockchain Act. It has approvals for roles including token generator, token issuer, and exchange service provider. LCX provides technology and compliance infrastructure for digital asset services.
